Want To Know Why Visa & Mastercard Cut Off Wikileaks? Because Its Latest Leak Was About Them...

from the everywhere-you-want-to-be dept

Visa's slogan used to be "Everywhere you want to be," but apparently one place it did not want to be was on Wikileaks. We've already covered how both Visa and MasterCard cut off Wikileaks quite quickly, with MasterCard even going so far as to claim that it did so because of illegal activity by Wikileaks -- despite no charges or convictions for any actual illegal activity.

Just a day later, it seems, we may have some new insight into why this is. Chris Rhodes was the first of a bunch of you to send over the news that the latest cable leak shows that US diplomats worked hard on Visa and MasterCard's behalf in Russia, where the Russian government was working on a new national payment card system, that would likely deprive Visa and MasterCard of transaction fees in Russia. Convenient timing.